CCEC
Published on 05/08/2025 at 09:41
May 8, 2025
01
Q1 2025
Highlights
https://www.capitalcleanenergycarriers.com
First Quarter 2025 Highlights and Update
Financial Performance & Operating Highlights
Net Income for the quarter from continuing operations: $32.8 million
Declared dividend $0.15 per share for quarter
New long-term time charters for two LNG/Cs under construction
LNG/C Axios II delivered under long-term charter
Average remaining charter duration of 7.3 years
$3.1 billion contracted revenue backlog, 89% from LNG/Cs
LNG Market -short term pressures easing; long term charter market confirmed
Short term LNG spot market driven by vessel supply dynamics & trading patterns
impacting tonne-mile demand. CCEC is insulated from current spot market conditions
Medium term vessel supply side correction expected with the commercial removal of older, smaller and less efficient vessels and new volumes coming online
Long term vessel demand expected to significantly outpace modern tonnage supply
CCEC focus on gas & shareholder value
Completed sale of last two debt-free container vessels announced in Q3 2024
Gas-focused newbuilding program with six LNG/Cs, six MG/Cs and four LCO2 carriers under construction
Q1 2025 dividend represents 72ndconsecutive quarterly dividend paid since IPO
4
02
Financials
https://www.capitalcleanenergycarriers.com
Disclaimer
Capital Clean Energy Carriers Corp. published this content on May 08, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2025 at 13:40 UTC.